A sigh of relief is no surprise

Investors in the region have been watching the potential conflict between the US and North Korea for months now.

And news that the two could meet by May of this year is being greeted with a sigh of relief by many. And that shouldn't come as a surprise.

Nobody wants a conflict on the Korean peninsula to break out, especially between arguably two of the world's most volatile leaders.

East Asian economies would be almost certainly be hit, because of integrated supply chains in the region. It's a region central to global shipping and manufacturing, so any escalation of the current tensions could disrupt trade and economic activity.

But perhaps what's more interesting, is what a potential meeting between "Rocket Man" and the "Dotard" says about just how badly the North Korean economy may be doing as sanctions bite.